Chapter 16 Saved 3 Required information Part 1 of 3 The following information applies to the questions displayed below.] In December of 20x4, Atlas Chemical Corporation sold a forklift for $17,300. The machine was purchased in 20x1 for $70,000. Since then $50,400 in depreciation has been recorded on the forklift. 3.34 points 1. What was the forklift's book value at the time of sale? ook Book value Print References